Tax havens

EU releases world tax havens blacklist

The European Union published its first list of international tax havens on Wednesday as part of a crackdown on multinational companies trying to avoid paying tax in the 28-nation bloc.

Jun 17, 2015, 17:56 PM IST

Black money: Dossier on 15 entities with government

The Supreme Court constituted Special Investigation Team (SIT) on black money has received a new dossier on tax related business information on about 15 entities which have allegedly stashed illicit money abroad.

May 20, 2015, 15:46 PM IST

Luxembourg diplomat seeks investments from India Inc

In a bid to attract investments into Luxembourg, once seen as a "tax haven", its ambassador Wednesday assured industrialists and investors that his government "does not encourage money laundering."

Apr 22, 2015, 22:20 PM IST

'$18 trillion unaccounted black money stashed in tax havens'

A staggering USD 18 trillion worth unaccounted money is stashed in tax havens and ploughing back that amount into the global economy can help lift people from poverty, says Oxfam.

Jan 23, 2015, 20:49 PM IST

UK ''Google tax'' will target inter-company payments

A new British tax on companies that shift profits out of the country and into tax havens will target inter-company fees for services like use of intellectual property, according to a Treasury document seen by Reuters.

Dec 10, 2014, 09:09 AM IST

OECD sees competition heating up once tax havens shut down

Closing corporate tax loopholes and endorsing a common reporting standard to increase transparency are set to be a primary focus of the G20 summit in Brisbane this weekend.

Nov 14, 2014, 09:37 AM IST

'Govt to take call on GAAR implementation soon'

As per the existing proposal, investments made after March 2013 will be covered under GAAR with effect from assessment year 2016-17.

Jul 12, 2014, 15:33 PM IST

Govt may defer GAAR by a year to improve business sentiment

The government earlier proposed imposing the GAAR from April 1, 2016, for those claiming tax benefit of over Rs 3 crore.

Jun 22, 2014, 12:31 PM IST